Final trade data for the 2019-20 financial year from the Australian Bureau of Statistics (ABS) has confirmed the strength of Australia’s resources sector in underpinning the economy during the Covid-19 pandemic, federal Resources Minister Keith Pitt said on Tuesday.
Australia’s commodity exports reached a record A$287-billion in 2019-20, and resource and energy commodity exports grew 3.5% since 2018-19, despite the global economic impact of the Covid-19 pandemic.